118 Lockhaven Drive
About This Property
Step inside to find a gourmet kitchen featuring quartz countertops, elegant gray painted cabinets, a stylish backsplash, a large pantry, stainless steel gas cooktop, and a generous island that overlooks the inviting family room. The main floor also boasts a formal dining area and a private study, ideal for working from home.
Upstairs, the owner's suite is a true retreat, complete with a luxurious spa shower and a spacious walk-in closet. The three additional bedrooms are well-sized, providing plenty of space for family or guests. The laundry room offers ample storage, making everyday chores a breeze.
With new carpet throughout and fresh paint, this home is move-in ready! The craftsman-style exterior features charming stone accents and a covered front porch, adding to the home's curb appeal. Out back, enjoy the concrete patio space for entertaining.
Located just minutes from shopping and dining, and ALDI, right off of Hwy 42W/Veteran's Pkwy, this home is only 21 miles to RDU Airport and 20 miles to I-95, making it a fantastic option for commuters. Plus, it's in a highly rated school district!
Don't miss this incredible opportunity-schedule your showing today!
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 11, 2025 | Sold | ||
| Sold | |||
| Jun 6, 2025 | In contract | - | |
| In contract | |||
| May 28, 2025 | Price Decreased |
$459,900
↓ $5K
(1.1%) | |
| Price Decreased | |||
| May 19, 2025 | Price Decreased |
$464,900
↓ $10K
(2.1%) | |
| Price Decreased | |||
| May 14, 2025 | Relisted | $475,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017